Tag Archives: ballot measures

Los Angeles: Measure J – Accelerate Traffic Relief and Job Creation

17 Oct

We’ve covered this measure before, so this will be brief.

THE PROPOSAL: If approved, this bill would extend the half-cent sales tax approved by voters in 2008. By extending the sales tax, the local transportation authority will be able to qualify for new financing options and can accelerate the timeline for completing a series of transit projects. Continue reading

California: Proposition 39 – “Clean Energy Jobs Act”

17 Oct

THE PROPOSAL: If passed, Prop. 39 will require out-of-state businesses to calculate their California tax liability based on the percentage of their sales in California. The law would repeal an existing law that gives out-of-state businesses “favorable tax treatment,” and would dedicate $500 million annually to fund projects that create energy efficiency and clean energy jobs in California. The revenue to fund these projects will come from the anticipated tax revenues from the out-of-state companies. Continue reading